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Technology adoption and first profitability

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UNSPECIFIED (1996) Technology adoption and first profitability. ECONOMIC JOURNAL, 106 (437). pp. 952-962.

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Abstract

In this paper an encompassing model of tile diffusion of new process technologies is used to predict the relationship between firm profitability and the adoption of technology. The model is tested on data relating to a sample of firms in the UK engineering industry over the period 1983-6. The results indicate that non-adopters experience reduced profits as other firms adopt new technologies and that the gross profit gains to adopters of new technology lire related to firm and industry characterising, the number of other users of new technologies and the cost ef acquisition.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
Journal or Publication Title: ECONOMIC JOURNAL
Publisher: BLACKWELL PUBL LTD
ISSN: 0013-0133
Official Date: July 1996
Dates:
DateEvent
July 1996UNSPECIFIED
Volume: 106
Number: 437
Number of Pages: 11
Page Range: pp. 952-962
Publication Status: Published

Data sourced from Thomson Reuters' Web of Knowledge

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